CoinJar crypto exchange: What it is, what happened, and where to trade now
When people talk about CoinJar, a now-defunct Australian-based cryptocurrency exchange that once offered simple buying and storage for Bitcoin and other coins. Also known as CoinJar Wallet, it started as a user-friendly way for beginners to get into crypto without dealing with complex interfaces. But over time, it lost relevance as bigger, faster, and more transparent exchanges took over. CoinJar wasn’t built for active traders. It didn’t offer advanced charting, margin trading, or low-fee swaps. Instead, it focused on letting people buy crypto with a credit card and hold it safely — which made sense in 2015, but not in 2025.
What really hurt CoinJar was its lack of innovation. While competitors like Bybit and MEXC added staking, airdrops, and DeFi integrations, CoinJar stayed stuck in early-2010s mode. It didn’t support new chains like Solana or Polygon. It didn’t launch its own token. It didn’t even fix its customer service delays. Meanwhile, users started noticing that other exchanges offered lower fees, better security, and actual support teams that replied within hours — not weeks. CoinJar’s move to shut down its trading platform in 2023 wasn’t a surprise to anyone who’d been paying attention. It became a relic, not a resource.
That’s why the posts below focus on exchanges that actually matter now. You’ll find reviews of platforms like CoinBene, Serum Swap, and Gravity Finance — all of which tried to carve out a space in the crypto world but ended up fading out. You’ll also see what’s working: exchanges with real volume, transparent teams, and features that help you move money safely. If you’re looking for a reliable place to trade crypto today, CoinJar is not it. But the lessons from its decline? Those are still useful. They show you what to avoid — and what to demand from any exchange you use.
Below, you’ll find real stories from people who got burned by dead platforms, got stuck with worthless tokens, or missed out on airdrops because they trusted the wrong exchange. These aren’t hypotheticals. These are the outcomes of choosing platforms that didn’t evolve. The posts here aren’t just warnings — they’re your roadmap to smarter crypto decisions in 2025.
20 Nov 2025
CoinJar is a trusted, beginner-friendly crypto exchange based in Australia, offering simple buying, free fiat deposits, and strong security. Ideal for new users, but lacks advanced trading features.
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